Onion prices are again on the rise causing much worry to the common man. But the high prices are not so uniform across the different stat...

Friday, October 16, 2015

Why #Apple is charging Indians the most for iPhone 6S?

See the chart above, even though a simple currency exchange pricing is not the correct comparison matrix, and minor additional sales tax is levied in some countries, it is evident that iPhone 6S and 6S Plus have been priced much higher in India than in other markets by Apple. Even in France, which has among the highest prices for Apple products, the new iPhone 6S is sold for 749 euros or Rs 55,228 MRP, much lower than what it costs in India.Though the prices of iPhones usually do not go down in the first few months of launch, there are indications Apple may again allow sellers to cut prices in order to push sales sooner rather than waiting for many months.

Till then, it won't be a surprise if a number of buyers choose to purchase the new iPhone 6S and iPhone 6S Plus from other countries or grey market to save on the exorbitant Indian prices.